AMERISERV FINANCIAL REPORTS EARNINGS FOR THE FULL YEAR OF 2023 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND

JOHNSTOWN, Pa., Jan. 23, 2024 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ: ASRV) reported a fourth quarter 2023 net loss of $5,321,000, or$0.31 per diluted common share. This compares to net income for the fourth quarter of 2022 of $947,000, or$0.06 per diluted common share. For the year ended December 31, 2023, the Company reported a net loss of $3,346,000, or$0.20 per diluted common share. This compares to net income of $7,448,000, or$0.43 per diluted common share, for the full year of 2022. The ...